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Day March 12, 2021

Ethereum’s Price Action and Outlook: Testing Key Support and Resistance Levels

Ethereum started the week on a positive note after bouncing above $1500 over the weekend. It formed a short-term ascending price channel, reaching as high as $1875 (1.414 Fib Extension) before encountering resistance. Unable to close above this level, ETH rolled over on Wednesday, finding support at $1755 (previous resistance).…

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